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Your friendly startup neighbourhood !!

Singapore
Joined May 2021
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- B2B automation platform @Jiffyai has raised $53 million in its Series B round led by Eight Roads Ventures. #Jiffyai #Startups #Funding #Brevitty
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- Fashion and lifestyle supply chain platform @Locofast2 raises $15 million led by Stellaris and Chiratae ventures, with debt from Stride ventures and Blacksoil Capitals.
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Anand Mahindra-led Mahindra Logistics Limited (MLL) has acquired a 60% stake in a Telangana-based logistics service startup Whizzard for INR 72 Cr. Src : @Inc42
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#Prozo, a full-stack supply chain, warehousing, and logistics startup, has raised $10 million in its Series-A round. The funds will be used to expand warehousing and fulfillment footprint, client base, and technology and analytics capability. Src - @entrackr
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- Microblogging platform Koo raises around $10 million from multiple investors. - Koo has plans to venture into new markets like Indonesia, Malaysia, and the Philipines. - Src:@Inc42
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Mumbai-based open finance B2B ecosystem enabler #Upswing raises $4 million from a clutch of fintech founders. The company plans to use the funds to help fintechs and consumer tech players offer financial services by building plug-and-play platforms for open finance. Src-@Inc42
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#ClaimBuddy, a healthtech firm that provides a digital infrastructure for hospitals to process their patients' health insurance claims raises $3 Million. They claim to have processed more than 100 crores in claims and to be working with more than 120 hospitals. Src-@livemint
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#Razorpay has purchased a controlling stake in #Curlec, a #Malaysian fintech, and expects to launch new channels for global online company expansion in India and Malaysia.
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#Mosambee, a merchant solutions platform, has acquired #Benow, a #BNPL-focused fintech startup, for an unknown sum.
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#OroMoney offers gold loans at a 9.48% yearly interest rate. It is currently available in #Chennai, #Bengaluru, and #Hyderabad, with #Pune and #Coimbatore to follow soon. Following the Series A investment, the company was valued at roughly Rs 212 crore, or around $30 million.
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#DvaraSmartGold is a project of the 'Dvara Venture Studio' cohort, which enables entrepreneurs working in the financial inclusion field to achieve large-scale systemic change. Dvara SmartGold allows clients to invest in gold in tiny, manageable instalments. Src: @livemint
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